pent up demand stimulus power walmarts optimism for the year

Pent-up demand, stimulus power Walmart’s ‘optimism’ for the year

Sumary of Pent-up demand, stimulus power Walmart’s ‘optimism’ for the year:

  • By Reuters Published May 18, 2021 Download Print Text size aA+ aA- By Reuters Published May 18, 2021 Walmart Inc on Tuesday raised its full-year earnings forecast after shoppers armed with government stimulus checks ventured back into stores, driving demand that is expected to continue through the year as Covid-19 restrictions ease..
  • Shares in the world’s biggest retailer were up about 3% after it reported a strong quarterly sales beat and said it expects fiscal 2022 earnings to increase by high single digits….

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